LØVDALS TREVARE PRODUKSJON AS

4909 SONGE

Finances

Share Ownership

Return on Equity

−49,02 %

Current Ratio

0,63

Debt-to-Equity Ratio

−0,29

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 070 000	3 893 000	3 191 000	2 859 000
Net Income	201 000	107 000	−87 000	10 000
Total Assets	1 006 000	1 082 000	1 101 000	922 000
Total Equity	−410 000	−611 000	−719 000	−632 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 070 000	3 893 000	3 191 000	2 859 000
Expenditure	2 798 000	3 741 000	3 279 000	2 819 000
Operating Profit	272 000	152 000	−87 000	40 000
Financial Income	2 000	1 000	0	0
Financial Costs	15 000	14 000	25 000	28 000
Financial Balance	−13 000	−13 000	−25 000	−28 000
Earnings Before Tax	258 000	138 000	−112 000	12 000
Tax	57 000	30 000	−25 000	3 000
Net Income	201 000	107 000	−87 000	10 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	194 000	205 000	235 000	210 000
Total Current Assets	812 000	877 000	866 000	712 000
Total Assets	1 006 000	1 082 000	1 101 000	922 000
Total Retained Equity	−510 000	−711 000	−819 000	−732 000
Total Equity	−410 000	−611 000	−719 000	−632 000
Total Long-Term Debt	118 000	167 000	218 000	0
Total Current Debt	1 298 000	1 526 000	1 601 000	1 554 000
Total Equity and Debt	1 006 000	1 082 000	1 101 000	922 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 070 000	3 893 000	3 191 000	2 859 000
Other Income	0	0	0	0
Revenue	3 070 000	3 893 000	3 191 000	2 859 000
Cost of Goods Sold	930 000	1 839 000	1 227 000	1 023 000
Salary Costs	1 510 000	1 590 000	1 730 000	1 471 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	2 798 000	3 741 000	3 279 000	2 819 000
Operating Profit	272 000	152 000	−87 000	40 000
Financial Income	2 000	1 000	0	0
Financial Costs	15 000	14 000	25 000	28 000
Financial Balance	−13 000	−13 000	−25 000	−28 000
Dividends	0	0	0	0
Net Income	201 000	107 000	−87 000	10 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	148 000	205 000	235 000	210 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	47 000	0	0	0
Total Fixed Assets	194 000	205 000	235 000	210 000
Stock	351 000	160 000	384 000	353 000
Total Investments	0	0	0	0
Cash, Bank	44 000	122 000	88 000	45 000
Total Current Assets	812 000	877 000	866 000	712 000
Total Assets	1 006 000	1 082 000	1 101 000	922 000
Total Equity	−410 000	−611 000	−719 000	−632 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	118 000	167 000	218 000	0
Creditors	853 000	1 118 000	1 070 000	1 158 000
Unpaid Taxes	183 000	245 000	294 000	162 000
Dividends	0	0	0	0
Other Current Debt	262 000	163 000	237 000	135 000
Total Current Debt	1 298 000	1 526 000	1 601 000	1 554 000
Total Equity and Debt	1 006 000	1 082 000	1 101 000	922 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−49,02 %	−17,51 %	12,1 %	−1,58 %
Debt-to-Equity Ratio	−0,29	−0,27	−0,3	−0
Operating Profit Margin	8,86 %	3,9 %	−2,73 %	1,4 %
Current Ratio	0,63	0,57	0,54	0,46
Quick Ratio	0,86	0,64	0,71	0,59
Equity Ratio	−0,41	−0,56	−0,65	−0,69
Gross Profit Margin	69,71 %	52,76 %	61,55 %	64,22 %